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Hedge fund managers were down 6.00 per cent in March, outperforming global equities which languished 13.99 per cent over escalating COVID-19 outbreak concerns. Around 80 per cent of the hedge fund managers tracked by Eurekahedge were able to outperform the global equity market during the month.
Fund managers utilising long volatility and tail risk strategies, which are known to provide crisis alpha and tail risk protection have returned 36.5 per cent year-to-date. Among the more traditional hedge fund strategies, CTA/managed futures funds were up 1.90 per cent in Q1, outperforming other major strategies for the year.
DASH Regulatory Technologies – a regtech-focused affiliate of capital markets technology and execution services provider DASH Financial Technologies – has launched DASH 360R, the next-generation of its industry-leading LDB platform for US regulatory capital calculation and reporting compliance. The suite is available in both fully SaaS-based and on-premise deployment options, giving broker-dealers a choice between the scalability, security and flexibility of the cloud or the complete control offered by local deployment.
In the US, broker-dealers are required by the SEC and FINRA to maintain specified levels of capital, and to be able to demonstrate moment-to-moment compliance with the SEC Net
Transaction Network Services (TNS) has upgraded its network with the TNSXpress Layer 1 solution in three key New York area data centres.TNSXpress Layer 1 uses a simple, single hop architecture that is up to 10 times faster than traditional Layer 3 architectures and delivers connectivity as low as 5-85 nanoseconds. It is now available in the NYSE data centre in Mahwah, NJ, the Equinix NY4 data centre in Secaucus, NJ, and Nasdaq’s data centre in Carteret, NJ.
“This ultra-low latency upgrade to our network means that all TNS Managed Hosting sites now use TNSXpress Layer 1 and are deployed,
The Board of Trustees of the Standards Board for Alternative Investments (SBAI) has appointed Mario Therrien, Senior Managing Director and Head of Strategic Partnerships, Developed Markets, Caisse de depot et placement du Quebec (CDPQ), and Luke Ellis, CEO, Man Group PLC, both current Trustees of the Standards Board, as the successors to Chairman Dame Amelia Fawcett, who is retiring after nine years leading the Standards Board. Established over a decade ago, the Standards Board is the standard-setting body for the alternative investment industry and the leading collaborative platform that brings together managers and investors to share areas of common concern and develop
ACA Compliance Group (ACA) has appointed Carrie Yonenson as Chief Human Resources Officer (CHRO) and Dave Metzger as Chief Financial Officer (CFO).Carrie Yoneson joins ACA with over 14 years of experience in human resources and employment law. In the newly established CHRO position, Carrie will be an integral part of the leadership team at the firm. In her role, she will oversee all aspects of ACA’s human resources and people strategy, including talent management, leadership development, compensation and benefits, and reward and recognition.
Yoneson joins ACA from Atos IT Solutions and Services. At Atos she served as the Human Resources
Volatility across asset classes will remain elevated as global economies grapple with the continued coronavirus lockdown, with Black Swan events appearing “all too often”, according to BlueBay Asset Management.
AcadiaSoft, a provider of risk and collateral management services for the non-cleared derivatives community, has joined new partnerships with collateral management consultancy firms Margin Reform and Margin Tonic.
The partnerships will assist clients with Uncleared Margin Rules (UMR) compliance.
“The final initial margin phases will fall on mostly smaller firms with limited internal resources to manage all of the moving parts of UMR compliance,” says Fred Dassori, head of strategic development at AcadiaSoft. “We’re pleased to make it simple for our clients to access the expertise of both Margin Reform and Margin Tonic as we navigate the IM rules, addressing
State Street Corporation has announced a collaboration with CLS, an FX market infrastructure group, to provide asset managers with a consolidated view of CLSSettlement information across their accounts for the first time.
The collaboration will combine TradeNeXusSM, State Street’s electronic post-trade processing service, with CLS’s post-trade monitoring and reporting tool, CLSTradeMonitorSM, allowing asset managers to efficiently manage their trades eligible for CLSSettlement, along with all trades across their accounts with different custodians. The unique platform will also help asset managers to meet deadlines and alter settlement instructions with ease.
“Asset managers want further visibility into their transaction lifecycles to reduce
Quest Partners, a New York-based systematic CTA, has carved out a strong track record over the past two decades, tapping into market opportunities arising out of volatility swings and increased tail risk in assets using a nimble short-term approach that enables it to switch in and out of positions quickly.
Whale Alert, a tracking service of major cryptocurrency transactions from and to exchanges, is now available on digital asset trading platform Bitfinex’s social network, Bitfinex Pulse. Whale Alert has established itself as a vital information source in the digital asset space as the world’s largest independent blockchain tracker. The addition of a Whale Alert channel into Bitfinex Pulse will further enhance the value of the exchange-based social network, designed to provide real-time, high quality market intelligence.
Whale Alert oversees the live tracking and analysis of millions of blockchain transactions each day, before converting them into a single standard format and storing
